BlackRock (BLK) director Gordon Nixon receives 38-share stock award
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Nixon Gordon M. reported acquisition or exercise transactions in this Form 4 filing.
BlackRock director Gordon M. Nixon received a stock award of 38 shares of common stock as compensation for board service. The grant was made at no cash cost to him under BlackRock’s stock award and incentive plan, using a reference price of $961.71 per share. Following this award, he directly holds 5,561 shares of BlackRock common stock.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Nixon Gordon M.
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 38 | $0.00 | -- |
Holdings After Transaction:
Common Stock — 5,561 shares (Direct)
Footnotes (1)
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Key Figures
Stock award size: 38 shares
Reference share price: $961.71 per share
Shares held after grant: 5,561 shares
3 metrics
Stock award size
38 shares
Common stock grant to nonemployee director on March 31, 2026
Reference share price
$961.71 per share
Closing price on March 31, 2026 used to calculate grant
Shares held after grant
5,561 shares
Gordon M. Nixon direct ownership following the stock award
Key Terms
Nonemployee Directors, Stock Award and Incentive Plan, Common Stock
3 terms
Nonemployee Directors financial
"Common Stock granted to Nonemployee Directors under the Third Amended and Restated BlackRock, Inc. 1999 Stock Award and Incentive Plan"
Stock Award and Incentive Plan financial
"under the Third Amended and Restated BlackRock, Inc. 1999 Stock Award and Incentive Plan"
A stock award and incentive plan is a company program that gives employees, executives or board members shares, options or other equity-based rewards as part of pay and motivation. It matters to investors because these plans align employee interests with shareholders—similar to paying someone with a slice of the pie instead of cash—but they can also increase the number of shares outstanding (dilution) and affect reported profits and management behavior, so investors watch plan size and rules closely.
Common Stock financial
"Common Stock granted to Nonemployee Directors under the Third Amended and Restated BlackRock, Inc. 1999 Stock Award and Incentive Plan"
Common stock represents ownership shares in a company, giving investors a stake in its success and a say in important decisions through voting rights. It is the most common type of stock traded on markets and can provide income through dividends, as well as potential for value growth. For investors, holding common stock means sharing in the company’s profits and risks.
FAQ
What insider transaction did BlackRock (BLK) director Gordon M. Nixon report?
Gordon M. Nixon reported receiving 38 shares of BlackRock common stock as a stock award. The shares were granted as director compensation under BlackRock’s stock award and incentive plan, rather than purchased in the open market for cash.
At what price was Gordon M. Nixon’s BlackRock stock award valued?
The 38-share stock award to Gordon M. Nixon was valued using a reference price of $961.71 per share. This price reflects BlackRock’s closing stock price on March 31, 2026, the date used to calculate the number of shares granted.
Was Gordon M. Nixon’s BlackRock transaction a purchase or a compensation grant?
The transaction was a compensation-related stock grant, not an open-market purchase. Gordon M. Nixon received 38 BlackRock shares at no cash cost under the company’s stock award and incentive plan for nonemployee directors, based on the March 31, 2026 closing price.